TWILIO INC
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 12/31/25
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 992 | 11.3 |
| Stockholders' equity | 7,822 | 88.7 |
| Total capitalization | 8,814 | 100.0 |
153,575,220 shares outstanding at 24 July 2026 (cover page of the 10-Q filed 7 August 2026).
LONG-TERM DEBT 12/31/25
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 992 |
CAPITAL STOCK 12/31/25
| Common shares authorized | 1,000,000,000 |
| Common shares issued | 152,411,346 |
| Par or stated value per share ($) | 0.001 |
| Preferred stock ($ millions) | 0 |
| Outstanding at 7/24/26 | 153,575,220 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2025 | – | – |
| 2024 | – | – |
| 2023 | – | – |
| 2022 | – | – |
| 2021 | – | – |
HISTORY AND BUSINESS
HISTORY: Incorporated in Delaware.
BUSINESS: Classified by the SEC under Standard Industrial Classification 7372, Services-Prepackaged Software. Large accelerated filer. Principal executive office: 101 Spear Street, Suite 500, San Francisco, CA 94105. Fiscal year ends December 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 12/31/25 | 12/31/24 | 12/31/23 |
|---|---|---|---|
| Revenues | 5,067 | 4,458 | 4,154 |
| Cost of revenues | 2,588 | 2,180 | 2,110 |
| Gross profit | 2,479 | 2,278 | 2,044 |
| Research and development | 1,020 | 1,009 | 943 |
| Depreciation and amortization | 195 | 206 | 284 |
| Operating income | 158 | (54) | (877) |
| Income before income taxes | 55 | (89) | (997) |
| Income taxes | 21 | 21 | 19 |
| Net income | 34 | (109) | (1,015) |
| Earned per share, diluted ($) | 0.21 | (0.66) | (5.54) |
| Dividends per share ($) | – | – | – |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 12/31/25 | 12/31/24 |
|---|---|---|
| Cash and equivalents | 682 | 421 |
| Receivables, net | 637 | 589 |
| Total current assets | 3,577 | 3,447 |
| Property, plant and equipment, net | 177 | 191 |
| Goodwill | 5,292 | 5,243 |
| Total assets | 9,771 | 9,865 |
| Total current liabilities | 887 | 820 |
| Total liabilities | 1,949 | 1,913 |
| Stockholders' equity | 7,822 | 7,953 |
| Total liabilities and equity | 9,771 | 9,865 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12/31/25 | 5,067 | 158 | 34 | 0.7 | 0.21 | – | 1,003 | – | – | 9,771 | 1,949 | 992 | 7,822 | 0.4 | 0.13 |
| 12/31/24 | 4,458 | (54) | (109) | -2.5 | (0.66) | – | 716 | – | – | 9,865 | 1,913 | 991 | 7,953 | -1.4 | 0.12 |
| 12/31/23 | 4,154 | (877) | (1,015) | -24.4 | (5.54) | – | 415 | – | – | 11,610 | 1,877 | 989 | 9,733 | -10.4 | 0.10 |
| 12/31/22 | 3,826 | (1,205) | (1,256) | -32.8 | (6.86) | – | (254) | – | – | 12,564 | 2,005 | 987 | 10,559 | -11.9 | 0.09 |
| 12/31/21 | 2,842 | (916) | (950) | -33.4 | (5.45) | – | (58) | 46 | (104) | 12,999 | 1,967 | 986 | 11,031 | -8.6 | 0.09 |
| 12/31/20 | 1,762 | (493) | (491) | -27.9 | (3.35) | – | 33 | 26 | 7 | 9,487 | 1,035 | 302 | 8,453 | -5.8 | 0.04 |
| 12/31/19 | 1,134 | (370) | (307) | -27.1 | (2.36) | – | 14 | 45 | (31) | 5,151 | 871 | – | 4,279 | -7.2 | – |
| 12/31/18 | 650 | (115) | (122) | -18.8 | (1.26) | – | 8 | 5 | 3 | 1,029 | 590 | – | 438 | -27.8 | – |
| 12/31/17 | 399 | (66) | (64) | -16.0 | (0.70) | – | (3) | 9 | (13) | 450 | 90 | – | 360 | -17.7 | – |
| 12/31/16 | 277 | (41) | (41) | -14.9 | (0.78) | – | 10 | 14 | (4) | 413 | 83 | – | 329 | -12.5 | – |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
TWILIO INC
CIK 1447669 · EIN 26-2574840
PRINCIPAL OFFICE:
101 Spear Street, Suite 500, San Francisco, CA 94105
Tel.: 415-390-2337
INCORPORATED:
Delaware
INDUSTRY (SEC SIC CODE):
7372 · Services-Prepackaged Software
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 12/31/25, filed 24 February 2026
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2025 (filed 2/24/26) · 10-K FY2024 (filed 2/26/25) · 10-K FY2023 (filed 2/27/24) · 10-K FY2022 (filed 2/27/23) · 10-K FY2021 (filed 2/22/22) · 10-K FY2020 (filed 2/26/21) · 10-K FY2019 (filed 3/2/20) · 10-K FY2018 (filed 3/1/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.